Leading music industry bodies have hit out at the Performing Rights Society (PRS) after it announced a licence fee for small livestream performances that could have a financial hit on grassroots artists.
Livestream shows have been an alternative source of income for artists during the coronavirus pandemic, with emerging artists offering stripped-back affairs.
However, the PRS proposed a new tariff last month of between 8-17% for livestreams, a rise from its usual 4.2% gross from live gigs, per The Guardian.
While the tariffs drew condemnation from the Featured Artists Coalition (FAC) and the Music Managers Forum (MMF), they have now been implemented by the PRS alongside a flat fee for shows that generate less than ÂŁ500.
MUSIC VENUE TRUST OFFICIAL RESPONSE TO @PRSforMusic ANNOUNCEMENT OF NEW ONLINE STREAMING TARIFF
Read on Facebook: https://t.co/gMKM27YLooStatement: pic.twitter.com/wey3e9TOzz
— Music Venue Trust (@musicvenuetrust) January 27, 2021
Responding to the new tariffs, the Music Venue Trust said: “It is extremely important to the grassroots sector that the songwriters whose work sit at the heart of our ecosystem are adequately and reasonably paid for their work. A fixed rate Tariff is not a mechanism by which that will be achieved, and the methodology and rate proposed by PRS for Music will not result in grassroots songwriters being paid for their work.
“We remain available to discuss the realities of streaming during this crisis with PRS for Music if they wish to have an informed discussion on it. Unilaterally announcing ill conceived new Tariffs in a crisis is not such a discussion.”
Organisers of shows that take up to ÂŁ250 will pay the PRS ÂŁ22.50 plus VAT, while the fee will double for shows grossing between ÂŁ251 and ÂŁ500.
The CEO of the Featured Artist Coalition, David Martin, and Music Managers Forumâs chief executive, Annabella Coldrick, have also urged the PRS to âstop acting unilaterallyâ and to âimplement a waiver for performer-writers to opt out of such feesâ.
MUSIC VENUE TRUST OFFICIAL RESPONSE TO @PRSforMusic ANNOUNCEMENT OF NEW ONLINE STREAMING TARIFF
Read on Facebook: https://t.co/gMKM27YLooStatement: pic.twitter.com/wey3e9TOzz
— Music Venue Trust (@musicvenuetrust) January 27, 2021
The new tariffs have also prompted the cancellation of livestreams from Bradford’s The Mill, which was set to host livestreams for Independent Venue Week this month.
âWe already paid for a limited online broadcast licence from them, and a venue licence, so to be hit with this extra charge that we havenât been able to account for in advance â we donât know if weâll be able to continue,” said Mill director Jim Mitcham.
NME has contacted the PRS for comment.
The post Music industry hits back at new PRS tariffs for livestream performances appeared first on NME | Music, Film, TV, Gaming & Pop Culture News.
